if you think 18k btc is low wait until autumn ... - page 2.

YUriy1991

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Quote from: Cryptmuster on October 29, 2023, 04:26:30 AM

Quote from: romero121 on October 28, 2023, 07:45:22 PM

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

When we talk about Bitcoin, the word “no choice” is not always applicable, now everything looks very positive, but such growth implies a correction, and besides, when the greed index reaches 87, this should be alarming. On the one hand, Bitcoin is clearly set to grow, but on the other hand, there are indicators that tell us about a possible correction and should not be ignored.

Market Sentiment and Greed Index maybe are a useful to, to help understand market psychology. This is often followed by a price correction but it is all a process towards the true BTC price in market.

Well, in terms of what you said is correct, well, when we invest in crypto assets like Bitcoin, all factors must be monitored first, because there are many possibilities that will arise outside our will and the most dominant ones are volatility and price corrections which also fluctuates quickly. and could be followed by a significant price correction.

poodle63

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Quote from: Cryptmuster on October 29, 2023, 04:26:30 AM

Quote from: romero121 on October 28, 2023, 07:45:22 PM

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

When we talk about Bitcoin, the word “no choice” is not always applicable, now everything looks very positive, but such growth implies a correction, and besides, when the greed index reaches 87, this should be alarming. On the one hand, Bitcoin is clearly set to grow, but on the other hand, there are indicators that tell us about a possible correction and should not be ignored.

correction is very normal thing, from the past bullrun there always a correction waiting at the end of the day, with bitcoin investment we just don't expect it to just grow the whole year, there's certainly will be correction along the way but whats important is that we are reaching new all time high every bullrun, the linear growth show some serious growth and massive one at that.
meanwhile the correction is like an entry for anyone that wanna invests, its just as simple as that.
with this small increase of bitcoin this past weeks certainly there will be correction that to be expected but the question is, when will that occurred, and at what price point?
because we only could make profit if we could get our speculation right.

Kemarit

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Quote from: romero121 on October 28, 2023, 07:45:22 PM

Quote from: Captain Corporate on October 28, 2023, 03:07:51 PM

Its ok, we can't have all bull callers, some people has to just do this kind of thing and that's understandable, there is nothing wrong with that. I am not saying that he was right, but not ALL people would be interested. Bitcoin isl like that, it has polar sides and some think that it will constantly drop and some think that it will constantly go up, both are wrong. Sometimes it goes up, sometimes it goes down, if I told people that it would be 15k in a year back when it was 68k, they would think I am mad and stupid too, but it did fall there, or when it was 4k if I told people it would be 60k+ in a year, they would think I am dreaming. Sometimes we end up being right, sometimes we end up being wrong.

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

Yeah, when I look at this thread, this is a old thread, but still applicable though, not just we only hit $18,000, but last year, we dive go the lowest low for this bear market at $15,500. Which means that everything can really go with the market as we don't have control of it. There will be black swan events that will push the market to it's knees. However, it also shows that bitcoin is very resilient because as we can see right now, with the current price, we are more than 100% back from the lowest low and obviously for those who have been accumulating since November last year, it's already a profit.

But, we shouldn't be tempted to even sell some of our stash, we are still looking forward to a bullish run after the scheduled block halving next year. And after that it will be a bull run that we haven't seen before as the predictions is that it will reach at least $100,000. So we need more patience even if we are only on the positive profits right now.

Cryptmuster

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Quote from: romero121 on October 28, 2023, 07:45:22 PM

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

When we talk about Bitcoin, the word “no choice” is not always applicable, now everything looks very positive, but such growth implies a correction, and besides, when the greed index reaches 87, this should be alarming. On the one hand, Bitcoin is clearly set to grow, but on the other hand, there are indicators that tell us about a possible correction and should not be ignored.

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Quote from: poodle63 on October 26, 2023, 08:01:12 PM

Quote from: bettercrypto on October 26, 2023, 06:23:37 PM

Quote from: Rasa nanas on July 03, 2022, 06:32:01 AM

I think the lowest price of bitcoin in the bearish phase of the current period is around $13k and that too will happen if the bitcoin price manages to drop below $17k. after bitcoin reaches ATH in the range of $68k it seems like reaching a price of 500-1k is very unlikely because if that really happens the crypto world could be destroyed because bitcoin loses 99% of the price of ATH.

I just think that regardless of the lowest price value that Bitcoin has fallen to before, that will not happen again. Because if you open a history chart of this in the market, almost all the speculations of others that the value of Bitcoin will fall are not correct.

But the more they make speculations like that, the more the price value of Bitcoin in the market increases little by little. This is the only thing I really noticed about its value in the market.

bitcoin have the history of always growing so significantly that the supposed normal price of bitcoin in previous bullrun become its lowest point, thats why i'm sure sub $15k will be never seen.
this is I think also the reason why many people are so eager to hoard bitcoin and bag it as much as they can even when they are making profit from altcoin.
thats the good thing with bitcoin and this also why bitcoin always picked as the primary option for those famous institutional investors and even fund management company.
mainly because they know that the growth of bitcoin is really good for long term unlike altcoin that usually just pump and then vanish into thin air never to get rally again.

Yup, you were right in there. Those people who hope that the value of Bitcoin will fall to 20k or 15k should not hope for that to happen. Just take a look and see its bitcoin history chart since it started on the market.

In history, we can all see that the current price value of Bitcoin is going up, and now that there is a halving and bull season coming, the price value of Bitcoin will rise even more. The pump and dump is normal; it happens in the crypto market.

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Quote from: EFS on October 27, 2023, 01:03:53 AM

This thread didn't age well. We've seen a lot of members on this forum claiming that Bitcoin will drop to very low levels. History has always proven them wrong.
Those who missed the train while trying to buy Bitcoin cheap have always regretted it. It's best to buy regularly because you never know the bottom.

Yeah he did get a drop from 18k to 15k but that was it. I am thinking

that we may have no real drops. under 20k

poodle63

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Quote from: romero121 on October 28, 2023, 07:45:22 PM

Quote from: Captain Corporate on October 28, 2023, 03:07:51 PM

Its ok, we can't have all bull callers, some people has to just do this kind of thing and that's understandable, there is nothing wrong with that. I am not saying that he was right, but not ALL people would be interested. Bitcoin isl like that, it has polar sides and some think that it will constantly drop and some think that it will constantly go up, both are wrong. Sometimes it goes up, sometimes it goes down, if I told people that it would be 15k in a year back when it was 68k, they would think I am mad and stupid too, but it did fall there, or when it was 4k if I told people it would be 60k+ in a year, they would think I am dreaming. Sometimes we end up being right, sometimes we end up being wrong.

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

kinda proves that such highly pessimistic speculation of bitcoin price was highly wrong, even when the whole market collapsing because of many companies like ftx doing their worst decision ever and went bankrupt bitcoin could still be valued by many, its lowest point was around $16k and we will never see this price again like we will never see bitcoin previous ath which is $1k few years ago.
thats the thing with bitcoin, the growth is really fast, while also increasing popularity being utilized for investment thats considered even better than digital gold.
from here on we will see bullrun hopefully and finally new all time high, but even though its just speculation the market sentiment has been getting better and better this could simply only means that the market will be having massive change of trend probably heading towards the bullrun.

romero121

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Quote from: Captain Corporate on October 28, 2023, 03:07:51 PM

Its ok, we can't have all bull callers, some people has to just do this kind of thing and that's understandable, there is nothing wrong with that. I am not saying that he was right, but not ALL people would be interested. Bitcoin isl like that, it has polar sides and some think that it will constantly drop and some think that it will constantly go up, both are wrong. Sometimes it goes up, sometimes it goes down, if I told people that it would be 15k in a year back when it was 68k, they would think I am mad and stupid too, but it did fall there, or when it was 4k if I told people it would be 60k+ in a year, they would think I am dreaming. Sometimes we end up being right, sometimes we end up being wrong.

This thread had been started almost one and a half years back. It was during the time bitcoin was close around $50k by the start of 2022 and it slowly started to fall and at some point it reached the range of $18k. What he had mentioned in the title happened, price further dropped during the month of November and touched $16k which is big opportunity for the investors. From there once again the price had turned bullish and was around the range of $23k -$27k for a longer time period and now once again a sudden bounce have taken place reaching $34k+ and this autumn we don't have choice of turning bearish.

Captain Corporate

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Its ok, we can't have all bull callers, some people has to just do this kind of thing and that's understandable, there is nothing wrong with that. I am not saying that he was right, but not ALL people would be interested. Bitcoin isl like that, it has polar sides and some think that it will constantly drop and some think that it will constantly go up, both are wrong. Sometimes it goes up, sometimes it goes down, if I told people that it would be 15k in a year back when it was 68k, they would think I am mad and stupid too, but it did fall there, or when it was 4k if I told people it would be 60k+ in a year, they would think I am dreaming. Sometimes we end up being right, sometimes we end up being wrong.

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Quote from: KiaKia on October 26, 2023, 07:09:27 AM

What the performance of Bitcoin is going to look like in the next few months is unknown and I don't want to be in a tight spot where I let my guides down, what I've learned so far is that anything is possible in crypto space, what I feared the most is following the hordes, it's a very risky play.

I also find it difficult to try or pretend as if what you believe is what's going to happen, you have no idea, so the only way I plan to avoid this is by preparing for bulls and bears opportunities.

Let's say Bitcoin goes below our expectations, you will only feel sad if you don't have any money to use to take advantage of the dump, so always make sure you have some money ready just in case, it's a lot of stress to believe what people are saying, do not take a side, let the bears be bearish and let the bulls be bullish, I will still be fine.

Yeah but despite of it, people can't stop predicting or speculating. It's like they are too excited of what is to come. We are all like you. We also don't want to be in that tight spot but what can we do? It is the market is the one that orders everything here. In times of hard ships, we can just HODL or buy more Bitcoins.

The storm will just pass and everything will look fine again. The @OP's calls are too low so indeed that it's hard for us to agree with it. Many of us are mostly positive because we already bought some or more. There are still other ways to acquire a Bitcoin even if you don't have a money but we should start them now because most of them take time for us to get paid.

rachael9385

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Quote from: EFS on October 27, 2023, 01:03:53 AM

This thread didn't age well. We've seen a lot of members on this forum claiming that Bitcoin will drop to very low levels. History has always proven them wrong.
Those who missed the train while trying to buy Bitcoin cheap have always regretted it. It's best to buy regularly because you never know the bottom.

Agree, I utterly agree with what you said. Like you said earlier, some people think that Bitcoin will go below 18k. I have seen some discussions like that, but I don't agree with them because I still believe that, as nobody knows how Bitcoin will skyrocket, so nobody still knows how Bitcoin will go below to the bottom. It is very hard to know the bottom of Bitcoin because it is unpredictable, but some people are just visualising how it will reach the bottom for them to buy the little they can afford, and we have bought Bitcoin earlier. It is presuming how Bitcoin will skyrocket for us to make profits in dear life.
As it is hard to know the bottom of Bitcoin, I can only say that they should just buy, no matter the price.

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Quote from: philipma1957 on October 26, 2023, 03:05:15 PM

Quote from: philipma1957 on June 18, 2022, 08:30:13 PM

Quote from: gweb1996 on June 18, 2022, 01:16:44 PM

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

-snip-

I think the likelyhood of you being hit by a meteor and killed tomorrow is almost
as likelyhood as a 500 usd price for btc in the fall of 2022.

So here's hoping that neither of the 2 happen.

Fortunately we did not drop under 15k and I am thinking the op was not stuck by a meteor. So all is well in the world.

So rough

Everybody is free to speculate. The bad thing is that everything is recorded in the forum, so chances are that one's premonitions look ridiculous in retrospective.

A couple of friends I have told me months ago that Bitcoin was going to fall under 14k for sure, and that if price went below 9k, then we would test the 4k support. They were convinced about it, like if they talked about exact science. Fortunately we can say that both gurus were wrong so far, and with the new halving in sight I don't think that prices will fall so much in the near future. I won't talk about a longer period because I risk being quoted in the future if I'm wrong Tongue

EFS

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This thread didn't age well. We've seen a lot of members on this forum claiming that Bitcoin will drop to very low levels. History has always proven them wrong.
Those who missed the train while trying to buy Bitcoin cheap have always regretted it. It's best to buy regularly because you never know the bottom.

Sithara007

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Prices spiked when I was expecting it the least. Previous bull-runs occurred every 4 years: first one in 2013, then in 2017 and the last one in 2021. The reason is that the prices peaked around 12 to 18 months after block reward halving. But the next block reward halving is still 6 months away and therefore I was not expecting the prices to peak at least until end of 2024. And this is also one of the reasons why I believe that the current bull run may not last long. We may go back to sub-20K levels within the next few months.

poodle63

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Quote from: bettercrypto on October 26, 2023, 06:23:37 PM

Quote from: Rasa nanas on July 03, 2022, 06:32:01 AM

I think the lowest price of bitcoin in the bearish phase of the current period is around $13k and that too will happen if the bitcoin price manages to drop below $17k. after bitcoin reaches ATH in the range of $68k it seems like reaching a price of 500-1k is very unlikely because if that really happens the crypto world could be destroyed because bitcoin loses 99% of the price of ATH.

I just think that regardless of the lowest price value that Bitcoin has fallen to before, that will not happen again. Because if you open a history chart of this in the market, almost all the speculations of others that the value of Bitcoin will fall are not correct.

But the more they make speculations like that, the more the price value of Bitcoin in the market increases little by little. This is the only thing I really noticed about its value in the market.

bitcoin have the history of always growing so significantly that the supposed normal price of bitcoin in previous bullrun become its lowest point, thats why i'm sure sub $15k will be never seen.
this is I think also the reason why many people are so eager to hoard bitcoin and bag it as much as they can even when they are making profit from altcoin.
thats the good thing with bitcoin and this also why bitcoin always picked as the primary option for those famous institutional investors and even fund management company.
mainly because they know that the growth of bitcoin is really good for long term unlike altcoin that usually just pump and then vanish into thin air never to get rally again.

bettercrypto

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Quote from: Rasa nanas on July 03, 2022, 06:32:01 AM

I think the lowest price of bitcoin in the bearish phase of the current period is around $13k and that too will happen if the bitcoin price manages to drop below $17k. after bitcoin reaches ATH in the range of $68k it seems like reaching a price of 500-1k is very unlikely because if that really happens the crypto world could be destroyed because bitcoin loses 99% of the price of ATH.

I just think that regardless of the lowest price value that Bitcoin has fallen to before, that will not happen again. Because if you open a history chart of this in the market, almost all the speculations of others that the value of Bitcoin will fall are not correct.

But the more they make speculations like that, the more the price value of Bitcoin in the market increases little by little. This is the only thing I really noticed about its value in the market.

philipma1957

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well the op bailed in oct 2022 at 18k he said it would tank like mad to 500-1000.

It did go to 15k in the fall of 2022. Now it's 34k. It may get in the 42k-48k slot soon before dec

31st.

So calling him fucking nuts was a pretty good call on my part.

Quote from: philipma1957 on June 18, 2022, 08:30:13 PM

Quote from: gweb1996 on June 18, 2022, 01:16:44 PM

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

I think you are fucking nuts.

I think the likelyhood of you being hit by a meteor and killed tomorrow is almost
as likelyhood as a 500 usd price for btc in the fall of 2022.

So here's hoping that neither of the 2 happen.

Fortunately we did not drop under 15k and I am thinking the op was not stuck by a meteor. So all is well in the world.

kotajikikox

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Quote from: gweb1996 on June 18, 2022, 02:48:26 PM

The fundamentals are not good for btc

Ask yourself this question:

Why would you pay 18000 USD ( a car, food for a year for some, food for 10 years for some ) on 1 virtual coin ( number in your phone or laptop )? That does nothing if you leave it in your wallet The crop on btc was collected at 60k now it has no more apples, the apple tree is dying...

So what now mate, after everything you said yet bitcoin now is climbing back to 35k and still increasing? are you ready to face every comment after what you have said years back?
sorry but yes , i would rather buy 1 virtual coin than others because look at it now after you posted this? the price now doubled from that 18k.
and wait for next year it will be more than x4 .or even x6 more
and the apple tree is dying? watch your language and look at you now , where are you ? why not bump this thread of yours?

Quote from: grim111 on October 25, 2023, 09:15:36 AM

Quote from: gweb1996 on June 18, 2022, 01:16:44 PM

if you think 18k btc is low wait until autumn ...

I think it will reach 500-1000 USD max as you can't use to sell stuff and big whales already moved their money ...

In 2019 btc was already 9000-10000 USD , do to pandemic people invested a lot in btc.

It was damn funny to read this that time and when now is autumn and BTC is $34K it doubled my laughing. Im in in seence 2017 and each down wave I hear this nonesecne, but it never went lower then the last low.

now he is missing in action because he don't know what face to use after what he have said here lol.

KiaKia

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What the performance of Bitcoin is going to look like in the next few months is unknown and I don't want to be in a tight spot where I let my guides down, what I've learned so far is that anything is possible in crypto space, what I feared the most is following the hordes, it's a very risky play.

I also find it difficult to try or pretend as if what you believe is what's going to happen, you have no idea, so the only way I plan to avoid this is by preparing for bulls and bears opportunities.

Let's say Bitcoin goes below our expectations, you will only feel sad if you don't have any money to use to take advantage of the dump, so always make sure you have some money ready just in case, it's a lot of stress to believe what people are saying, do not take a side, let the bears be bearish and let the bulls be bullish, I will still be fine.

Broly46

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0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC

lmao you fall into the mistake of being absolute newbies in this survival of the fittest test! It is either you or me, nobody gonna give into anyone else demand. Cheating and tearing up competition, whatever foul play to achive the goal of destroying the opponents. I can tell how you would even hallucinating about price plummeting, it is too typical to the point when btc price is high all guy become so carried away by the wind, they begin thinking a number out of their ass, they also begin to call bitcoin is MONEY and they finally fantasizing about private yacht fast car fast house fast woman add into their future life! But they totally change their narratives when btc price is low!! bunch of inconsistent guy with their advices and narrative that keep changing based on the ongoing market conditions, because they wanna feel "normal" and play safe.

Topic: if you think 18k btc is low wait until autumn ... - page 2. (Read 1205 times)